Surani Steel Tubes Limited IPO
Surani Steel Tubes Limited is an NSE SME IPO is priced at ₹52–₹51 per share with an issue size of Fresh Issue of 24,84,000 Equity Shares of Rs 10/- at a price of Rs 51/- to Rs 52/- per share aggregating to Rs 12.92/- Cr. The IPO opens on Jan 25, 2019 and closes on Jan 29, 2019, with a lot size of 2000 shares and a minimum investment of ₹1,02,000.
Surani Steel Tubes Limited IPO
- IPO Dates
- Jan 25, 2019 – Jan 29, 2019
- Price band
- ₹52 - 51 per equity share
- Minimum Investment
- ₹1,02,000
- Issue size
- Fresh Issue of 24,84,000 Equity Shares of Rs 10/- at a price of Rs 51/- to Rs 52/- per share aggregating to Rs 12.92/- Cr
- Lot size
- 2000
- Allotment Date
- Feb 4, 2019
- Listing
- Feb 6, 2019
- Listing At
- NSE SME
IPO timeline
-
Jan 25, 2019
Open Date
Completed
-
Jan 29, 2019
Close Date
Completed
-
Feb 4, 2019
Allotment Date
Completed
-
Feb 6, 2019
Listing Date
Completed
Surani Steel Tubes Limited IPO Essentials
Surani Steel Tubes Limited IPO Details
Surani Steel Tubes Limited IPO is priced at ₹52 - 51 per share with a total issue size of Fresh Issue of 24,84,000 Equity Shares of Rs 10/- at a price of Rs 51/- to Rs 52/- per share aggregating to Rs 12.92/- Cr. The IPO has a lot size of 2000 shares and will be listed on NSE SME.
- Issue price
- Rs 51/- to Rs 52/- Per Equity Share
- Lot size
- 2000 shares
- Face value
- Rs 10/- Per Equity Share
- Issue size
- Fresh Issue of 24,84,000 Equity Shares of Rs 10/- at a price of Rs 51/- to Rs 52/- per share aggregating to Rs 12.92/- Cr
- Listing at
- NSE SME
- List price
- Listing date
- Registrar
- Link Intime India Private Limited
- Lead manager
-
Pantomath Capital Advisors Private Limited
Surani Steel Tubes Limited IPO Details
- Retail Portion N/A
Surani Steel Tubes Limited IPO Analytics
Surani Steel Tubes Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Surani Steel Tubes Limited IPO Subscription Status
Surani Steel Tubes Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 11,79,000 | 11,79,000 | 23,58,000 |
|
Day 1 - 25-01-19
|
8,42,000 (0.71) x | 0.31 x | 0.51 x |
|
Day 2 - 28-01-19
|
13,10,000 (1.11) x | 0.53 x | 0.82 x |
|
Day 3 - 29-01-19
|
21,16,000 (1.79) x | 1.30 x | 1.55 x |
Surani Steel Tubes Limited Valuations
Earnings
- EPS (Post IPO)
- Rs 2.08/-
- P/E Ratio
- 25
Returns
- RoNW
- 16.56%
Surani Steel Tubes Limited Company & Offer Insights
Surani Steel Tubes Limited IPO Issue Objectives
- •
- Funding the working capital requirements of the company. ( Rs [ . ] Cr )
- •
- General Corporate Purposes. ( Rs [ . ] Cr )
Surani Steel Tubes Limited IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Salebhai Internet Limited | 5.56 | NA | - (172.01)% | 0.46 |
| Infibeam Incorporation Limited | 4.25 | 129.69 | 3.27% | 836.72 |
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Surani Steel Tubes Limited IPO is a book-built IPO worth ₹Fresh Issue of 24,84,000 Equity Shares of Rs 10/- at a price of Rs 51/- to Rs 52/- per share aggregating to Rs 12.92/- Cr. The price band is ₹52–₹51 per share. The IPO opens on Jan 25, 2019 and closes on Jan 29, 2019. It will be listed on NSE SME Platform. Link Intime India Private Limited is the registrar.
The price band of Surani Steel Tubes Limited IPO is ₹52 to ₹51 per share.
The lot size of Surani Steel Tubes Limited IPO is 2000 shares.
The minimum investment for Surani Steel Tubes Limited IPO is approximately ₹1,02,000 based on the upper price band .
Surani Steel Tubes Limited IPO opens on Jan 25, 2019 and closes on Jan 29, 2019.
The allotment date of Surani Steel Tubes Limited IPO is Feb 4, 2019.
Surani Steel Tubes Limited IPO is expected to be listed on Feb 6, 2019, on NSE SME Platform.
Surani Steel Tubes Limited IPO valuation snapshot: P/E 25, EPS Rs 2.08/-, P/B N/A, RoNW 16.56%, and market cap N/A.
To apply for Surani Steel Tubes Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Surani Steel Tubes Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Surani Steel Tubes Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Surani Steel Tubes Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Surani Steel Tubes Limited IPO allotment status on IPO Ji for quick and easy access.